Source: https://tendernation.io/opportunities/01a13d17-24af-725a-9743-49c83e9fc583/asset-valuation-insurance

awarded GB restricted procedure Suitable for SMEs

# Asset Valuation Insurance

[Essex County Council](https://tendernation.io/buyers/essex-county-council)

Estimated value

£103,637

Published

21 Feb 2026

Deadline

Closed

7 Nov 2025

## Who can bid

- Buyer says suitable for SMEs

    The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid.
- Small contract value

    Valued under £135,018 including VAT, the lowest Procurement Act threshold for goods and services.

[More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses)

## About this tender

The contract has been awarded for the provision of professional asset valuation services to a suitably qualified valuation firm. The contract will run for a period of five years (an initial three year term with the option to extend for a further two years.)

It is required to maintain accurate buildings insurance valuations for all properties for which it holds responsibility. These valuations support in ensuring that appropriate insurance cover is maintained.

The appointed supplier will undertake asset valuation each year, to meet its statutory financial reporting obligations under the Chartered Institute of Public Finance and Accountancy, (CIPFA) Code of Practice on Local Authority Accounting in the United Kingdom.

## CPV classification

Architectural, engineering and surveying services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/17a24a0d-ae23-44ec-8a64-fdd3b35f049e)

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